Presented by www.
fibre2fashion.
com
(Jul 1-15, 2013)
Crude Oil
In the last fortnight, Crude oil price increased in
the global market mainly due to fall in fuel
inventories and positive economic data from the
U.
S.
A market.
In the second half, Crude oil...
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Presented by www.
fibre2fashion.
com
(Jul 1-15, 2013)
Crude Oil
In the last fortnight, Crude oil price increased in
the global market mainly due to fall in fuel
inventories and positive economic data from the
U.
S.
A market.
In the second half, Crude oil prices
surged due to decline in crude oil and gasoline
inventories in the U.
S.
A and a fall in the value of
the U.
S.
A dollar value.
A decline in the value of
the U.
S.
A dollar prompts investors to increase
their stakes in dollar-denominated commodities
like crude, sending prices higher.
Naphtha
In the beginning of the first half of last fortnight,
Naphtha prices went up in global market with a
bullish support of energy market.
In the beginning
of the first half of last fortnight, selling offers for
Naphtha increased in Asian markets due to
improvement in buying sentiment coupled with
surge in plastics demand.
In the second half of
last fortnight, Naphtha prices increased as buying
sentiments improved coupled with tight product
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